CrowdStrike Named a Cloud Security Leader in Frost & Sullivan’s 2023 Frost Radar™: Cloud Workload Protection Platform

Rhea-AI Summary

CrowdStrike has been recognized as a global leader in Frost & Sullivan's Cloud Workload Protection Platform (CWPP) report. The company's impressive growth, comprehensive cloud workload protection capabilities, and managed detection and response services set it apart from competitors. CrowdStrike is positioned for continued growth in its cloud security business.

Positive

• CrowdStrike has experienced impressive and consistent growth in the CWPP market over the past 3 years, surpassing larger competitors. Frost & Sullivan believes the company is poised for robust growth in its cloud security business, including CWPP, CSPM, CIEM, and CNAPP. CrowdStrike offers comprehensive visibility into workloads, containers, serverless workloads, and hosts, empowering businesses to uncover hidden threats. The company's managed service offerings for cloud security, including threat hunting and incident response services, enhance customer confidence and improve the overall solution experience.

Negative

• None.

Leading analyst firm recognized CrowdStrike for impressive CWPP business growth in the past three years, ability to deliver comprehensive cloud visibility and unrivaled MDR and threat hunting services

AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike (Nasdaq: CRWD) today announced it has been named a global leader in Frost & Sullivan’s Frost Radar™: Cloud Workload Protection Platform, 2023 report. Out of the top 25 CWPP (Cloud Workload Protection Platform) vendors Frost & Sullivan evaluated for this report, CrowdStrike was recognized for its impressive and consistent growth in the CWPP market, robust cloud workload protection capabilities and managed detection and response (MDR) services, which they state,“sets CrowdStrike apart from competitors.”

This latest report from Frost and Sullivan analyzed the top CWPP vendors across 10 growth and innovation criteria to reveal their position in the Frost Radar. According to Frost & Sullivan, CrowdStrike stood out as a leader for:

• Impressive and Consistent Cloud Security Business Growth: Frost & Sullivan ranked CrowdStrike a leader in their Growth Index, stating that “CrowdStrike stands out in the Growth Index for its impressive and consistent growth over the past 3 years, surpassing larger competitors.” They credit CrowdStrike’s “extensive customer base from XDR/EDR offerings and robust channel partner ecosystem” for its success. Additionally, Frost & Sullivan believes CrowdStrike is poised for continued growth saying, “CrowdStrike’s excellent brand perception, and focused strategy on cloud security [is] positioning the company for robust growth in its cloud security business, including CWPP, CSPM, CIEM, and CNAPP, and enabling it to capture additional market share.”

• Comprehensive Cloud Workload Visibility: Frost & Sullivan evaluated CrowdStrike’s CWPP offering, part of the industry-leading cloud-native application protection platform (CNAPP) capabilities delivered via CrowdStrike Falcon Cloud Security, and noted “one of its key strengths lies in its ability to deliver comprehensive visibility into workloads, containers, serverless workloads and hosts.” Furthermore, they said CrowdStrike is “empowering businesses to uncover hidden threats, address misconfigurations, and mitigate exploitable vulnerabilities proactively.” In addition, Frost & Sullivan also noted CrowdStrike’s seamless integration with all major CSPs, which enables extended protection and facilitates cross-platform XDR capability.

• Unmatched MDR and Threat Hunting Services for Cloud: Frost & Sullivan praised CrowdStrike’s managed service offerings for cloud security that include CrowdStrike Falcon OverWatch Cloud Threat Hunting (industry’s first standalone cloud threat hunting service) and CrowdStrike Falcon Complete CWP, saying the inclusion of “IR, assessment, MDR, and Cloud Threat Hunting services sets CrowdStrike apart from competitors, enhancing customer confidence and improving the overall solution experience.” CrowdStrike is the only company in this report to offer end-to-end, 24/7, MDR, threat hunting, & incident response services for cloud.

“With cloud exploitation cases growing by 95% and cases involving threat actors specifically targeting the cloud growing by 288%, it is vital for businesses to have cloud security that stops breaches faster from endpoint to cloud. As one of the first CWPP vendors in this report to offer proven agent-based and agentless protection from a unified platform, customers trust CrowdStrike for advanced visibility across their entire cloud estate and cloud workload protection to prevent attacks and avoid business disruptions,“ said Raj Rajamani, head of products at CrowdStrike. “Frost & Sullivan’s acknowledgement of the tremendous growth and technological strengths of our CWPP further validates our cloud security leadership and commitment to securing the cloud across every customer segment and geography.”

This accolade is the second time Frost & Sullivan recognized CrowdStrike’s cloud security leadership. Last year, Frost & Sullivan named CrowdStrike as a leader in their inaugural Frost Radar: Cloud-Native Application Protection Platforms, 2022 report. In the report, Frost & Sullivan states, “CrowdStrike is one of the fastest-growing cloud security vendors” and its “CNAPP business has gained traction globally.”

Additional Resources

• For more information about the Frost & Sullivan Frost Radar™: Cloud Workload Protection Platform, 2023 report, visit the CrowdStrike website.
• CrowdStrike was named a leader in Frost & Sullivan’s 2022 Frost Radar™: Cloud-Native Application Protection Platform report.
• CrowdStrike was named a winner in the 2022 CRN Tech Innovator Award for Cloud Security.
• For more information on CrowdStrike Falcon Cloud Security visit the CrowdStrike website.

About CrowdStrike

CrowdStrike (Nasdaq: CRWD), a global cybersecurity leader, has redefined modern security with one of the world’s most advanced cloud-native platforms for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/
Follow us: Blog | Twitter | LinkedIn | Facebook | Instagram
Start a free trial today: https://www.crowdstrike.com/free-trial-guide/

© 2023 CrowdStrike, Inc. All rights reserved. CrowdStrike, the falcon logo, CrowdStrike Falcon and CrowdStrike Threat Graph are marks owned by CrowdStrike, Inc. and registered with the United States Patent and Trademark Office, and in other countries. CrowdStrike owns other trademarks and service marks, and may use the brands of third parties to identify their products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230817758187/en/

Kevin Benacci

CrowdStrike Corporate Communications

press@crowdstrike.com

Source: CrowdStrike

FAQ

What is CrowdStrike recognized for in the Frost & Sullivan report?

CrowdStrike is recognized for its impressive growth, comprehensive cloud workload protection capabilities, and managed detection and response services.

What sets CrowdStrike apart from its competitors?

CrowdStrike stands out due to its extensive customer base, robust channel partner ecosystem, and focused strategy on cloud security.

What are some of CrowdStrike's strengths in cloud workload protection?

CrowdStrike has the ability to deliver comprehensive visibility into workloads, containers, serverless workloads, and hosts, enabling businesses to uncover hidden threats.

What managed service offerings does CrowdStrike provide for cloud security?

CrowdStrike offers managed service offerings for cloud security, including threat hunting, incident response, and cloud threat hunting services.

What did Frost & Sullivan say about CrowdStrike's growth and technological strengths?

Frost & Sullivan acknowledged the tremendous growth and technological strengths of CrowdStrike's CWPP, further validating its cloud security leadership and commitment to securing the cloud.